GCC vs. GDMN

Last updated Jun 24, 2026

GCC (WisdomTree Enhanced Commodity Strategy Fund) and GDMN (WisdomTree Efficient Gold Plus Gold Miners Strategy Fund) are both Commodities funds from WisdomTree. Both are actively managed. Over the past 3 years, GCC returned 14.89%/yr vs 56.12%/yr for GDMN. A 0.50 correlation means they provide meaningful diversification when combined. GCC charges 0.55%/yr vs 0.45%/yr for GDMN.

Performance

GCC vs. GDMN - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in WisdomTree Enhanced Commodity Strategy Fund (GCC) and WisdomTree Efficient Gold Plus Gold Miners Strategy Fund (GDMN). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, GCC achieves a 8.13% return, which is significantly higher than GDMN's -17.89% return.

GCC

• 1D: -1.29%
• 1M: -9.68%
• YTD: 8.13%
• 6M: 6.82%
• 1Y: 21.66%
• 3Y*: 14.89%
• 5Y*: 10.21%
• 10Y*: 5.86%

GDMN

• 1D: -5.34%
• 1M: -15.68%
• YTD: -17.89%
• 6M: -24.58%
• 1Y: 50.67%
• 3Y*: 56.12%
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

GCC vs. GDMN - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
GCC WisdomTree Enhanced Commodity Strategy Fund	8.13%	20.01%	15.13%	-3.72%	7.74%	2.87%
GDMN WisdomTree Efficient Gold Plus Gold Miners Strategy Fund	-17.89%	237.09%	28.23%	12.97%	-14.62%	6.93%

Correlation

The correlation between GCC and GDMN is 0.54, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.54
Correlation (3Y) Calculated over the trailing 3-year period	0.53
Correlation (All Time) Calculated using the full available price history since Dec 16, 2021	0.50

The correlation between GCC and GDMN has been stable across timeframes, ranging from 0.50 to 0.54 - a consistent structural relationship.

Return for Risk

GCC vs. GDMN — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

GCC

GCC Risk / Return Rank: 36
GCC Sharpe Ratio Rank: 38
GCC Sortino Ratio Rank: 33
GCC Omega Ratio Rank: 38
GCC Calmar Ratio Rank: 34
GCC Martin Ratio Rank: 40

GDMN

GDMN Risk / Return Rank: 24
GDMN Sharpe Ratio Rank: 23
GDMN Sortino Ratio Rank: 24
GDMN Omega Ratio Rank: 28
GDMN Calmar Ratio Rank: 23
GDMN Martin Ratio Rank: 22

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

GCC vs. GDMN - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for WisdomTree Enhanced Commodity Strategy Fund (GCC) and WisdomTree Efficient Gold Plus Gold Miners Strategy Fund (GDMN). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	GCC	GDMN	Difference
Sharpe ratio: Return per unit of total volatility	1.27	0.79	+0.48
Sortino ratio: Return per unit of downside risk	1.66	1.29	+0.37
Omega ratio: Gain probability vs. loss probability	1.24	1.18	+0.06
Calmar ratio: Return relative to maximum drawdown	1.59	1.04	+0.55
Martin ratio: Return relative to average drawdown	5.99	2.68	+3.31

GCC vs. GDMN - Sharpe Ratio Comparison

The current GCC Sharpe Ratio is 1.27, which is higher than the GDMN Sharpe Ratio of 0.79. The chart below compares the historical Sharpe Ratios of GCC and GDMN, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

GCC vs. GDMN - Drawdown Comparison

The maximum GCC drawdown since its inception was -63.19%, which is greater than GDMN's maximum drawdown of -52.82%. Use the drawdown chart below to compare losses from any high point for GCC and GDMN.

Drawdown Indicators

	GCC	GDMN	Difference
Max Drawdown Largest peak-to-trough decline	-63.19%	-52.82%	-10.37%
Max Drawdown (1Y) Largest decline over 1 year	-13.67%	-48.76%	+35.09%
Max Drawdown (3Y) Largest decline over 3 years	-13.67%	-48.76%	+35.09%
Max Drawdown (5Y) Largest decline over 5 years	-27.07%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-32.67%	—	—
Current Drawdown Current decline from peak	-13.67%	-46.10%	+32.43%
Average Drawdown Average peak-to-trough decline	-34.83%	-19.14%	-15.69%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.63%	19.00%	-15.37%

Volatility

GCC vs. GDMN - Volatility Comparison

The current volatility for WisdomTree Enhanced Commodity Strategy Fund (GCC) is 4.06%, while WisdomTree Efficient Gold Plus Gold Miners Strategy Fund (GDMN) has a volatility of 22.22%. This indicates that GCC experiences smaller price fluctuations and is considered to be less risky than GDMN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	GCC	GDMN	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.06%	22.22%	-18.16%
Volatility (6M) Calculated over the trailing 6-month period	15.27%	55.20%	-39.93%
Volatility (1Y) Calculated over the trailing 1-year period	17.10%	64.10%	-47.00%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.93%	48.22%	-31.29%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.79%	48.22%	-33.43%

GCC vs. GDMN - Expense Ratio Comparison

GCC has a 0.55% expense ratio, which is higher than GDMN's 0.45% expense ratio.

Dividends

GCC vs. GDMN - Dividend Comparison

GCC's dividend yield for the trailing twelve months is around 6.14%, more than GDMN's 3.29% yield.

Position	TTM	2025	2024	2023	2022	2021
GCC WisdomTree Enhanced Commodity Strategy Fund	6.14%	6.64%	3.51%	3.68%	22.49%	9.76%
GDMN WisdomTree Efficient Gold Plus Gold Miners Strategy Fund	3.29%	2.70%	9.44%	7.69%	1.44%	0.00%

Frequently Asked Questions

Can I hold both GCC and GDMN in my portfolio?

GCC and GDMN have a correlation of 0.54, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, GCC or GDMN?

GDMN has higher volatility (22.22%) compared to GCC (4.06%). In terms of maximum drawdown, GCC dropped -63.19% vs GDMN's -52.82%.

Which ETF is better, GCC or GDMN?

On 3-year performance, GDMN leads with 56.12% vs 14.89% for GCC. On fees, GDMN is cheaper at 0.45% per year. On volatility, GCC has been the lower-risk option at 4.06%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, GCC or GDMN?

Over the 3-year period, GDMN has performed better with a 56.12% return vs 14.89%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, GCC or GDMN?

GDMN is cheaper with a 0.45% expense ratio, compared with 0.55% for GCC.

Which ETF pays a higher dividend yield, GCC or GDMN?

GCC has the higher dividend yield at 6.14%, compared with 3.29% for GDMN.

What is the main difference between GCC and GDMN?

Their fees differ too: 0.55% for GCC and 0.45% for GDMN.

Which has better risk-adjusted returns?

GCC currently has the higher Sharpe Ratio (1.27 vs 0.79), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.